REF 0.00% 0.3¢ reverse corp limited

- The old business has pretty much been written off yet it is...

  1. 123 Posts.
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    - The old business has pretty much been written off yet it is still generating cash.
    - The growth of the OzContacts business is comforting to know albeit the gain would be offset by the marketing spend.
    - Cashflow is still positive. See back of envelope calc below.
    - If this trend continues, then the 1c dividends can last quite a few years into the future.

    30/06/2017 7,285,778
    14/09/2017 (934,415) - Div
    /08/2017 (710,000) - Acquisition of WebContacts
    unknown (100,000) - CAPEX
    -------------------------------
    5,541,363
    15/12/2017 6,100,000
    ---------------------------------
    558,637 - positive cashflow
 
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Currently unlisted public company.

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